Primoris Services PRIM
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Primoris Services (PRIM) Business Model and Operations Summary
Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are the Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance, and others.
Key Insights
Primoris Services (PRIM) Core Market Data and Business Metrics
Latest Closing Price
$57.57Market Cap
$3.09 BillionPrice-Earnings Ratio
17.39Total Outstanding Shares
53.92 Million SharesTotal Employees
15,716Dividend
$0.08 Per Share QuarterlyIPO Date
May 12, 1983SIC Description
Water, Sewer, Pipeline, Comm & Power Line ConstructionPrimary Exchange
New York Stock ExchangeHeadquarters
2300 N. Field Street, Suite 1900, Dallas, TX, 75201
Historical Stock Splits
If you bought 100 shares of PRIM before September 8, 2004, you'd have 1 share today.
Execution Date | Split Amount |
---|---|
September 8, 2004 | 1-for-100 (Reverse Split) |
Cash Flow Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Net Cash Flow From Operating Activities, Continuing | $508.31 Million |
Net Cash Flow From Financing Activities | $-244.36 Million |
Net Cash Flow | $236.72 Million |
Net Cash Flow From Financing Activities, Continuing | $-244.36 Million |
Net Cash Flow, Continuing | $236.72 Million |
Net Cash Flow From Investing Activities, Continuing | $-27.23 Million |
Income Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Income/Loss From Continuing Operations After Tax | $180.89 Million |
Benefits Costs and Expenses | $6.11 Billion |
Cost Of Revenue | $5.66 Billion |
Preferred Stock Dividends And Other Adjustments | $0 |
Gross Profit | $703.25 Million |
Income Tax Expense/Benefit, Current | $69.56 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income/Loss Attributable To Parent | $177.44 Million |
Other Comprehensive Income/Loss | $-3.45 Million |
Comprehensive Income/Loss | $177.44 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Other Non-current Assets | $1.34 Billion |
Current Liabilities | $1.67 Billion |
Equity Attributable To Parent | $1.41 Billion |
Long-term Debt | $734.83 Million |
Equity | $1.41 Billion |
Wages | $134.82 Million |
Historical Dividends
Current dividend: $0.08 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Feb 24, 2025 | Apr 15, 2025 | Mar 31, 2025 | $0.08 | Quarterly |
Nov 4, 2024 | Jan 15, 2025 | Dec 31, 2024 | $0.08 | Quarterly |
Aug 5, 2024 | Oct 11, 2024 | Sep 27, 2024 | $0.06 | Quarterly |
May 1, 2024 | Jul 15, 2024 | Jun 28, 2024 | $0.06 | Quarterly |
Feb 21, 2024 | Apr 15, 2024 | Mar 28, 2024 | $0.06 | Quarterly |
Nov 7, 2023 | Jan 12, 2024 | Dec 29, 2023 | $0.06 | Quarterly |